The networking giant Cisco has reported its quarter third results for the period ended April 28, 2012. The company reported quarter net sales of $11.6 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion, or $0.40 per share, and non-GAAP net income of $2.6 billion, or $0.48 per share. Net sales for the first nine months of fiscal 2012 were $34.4 billion, compared with $32.0 billion for the first nine months of fiscal 2011. Net income for the first nine months of fiscal 2012, on a GAAP basis, was...
AOL has announced its first quarter earnings, which result in higher revenues than what is expected by analysts. The company reported $529.4 million in revenue during the quarter, which is 4% drop from previous year. The net income rose fourfold at $21.1 million, up from $4.7 million in the quarter last year. The total ad revenue increased by 5% to $330.1 million although US display ads fell 1% to $118.9 million. The combined AOL properties display and third party revenue grows 10% year-over-year while the subscription churn rate the...
Sony Mobile Communications today announced two new Xperia Android smartphones: Xperia GX and Xperia SX for the Japanese market. They come with 1.5GHz dual core processors for faster performance and Reality Display powered by the Mobile BRAVIA Engine for razor sharp clarity, full HD video and Sony Exmor R for mobile, enabling the capture of high quality, bright pictures...
You know Facebook as the social networking site but what if someone says that Abraham Lincoln tried to patent “Facebook” back in 1845 but not able to. Well, an Intrepid reporter Nate St. Pierre did some findings over on this in the grand old town of Springfield, IL. The whole Springfield Gazette was one sheet of paper, and it was all about Lincoln. Only him. Other...
Last week, Activision released a trailer for the upcoming video game Call of Duty: Black Ops 2. There was news that United States given Anonymous an enemy status. One Anonymous member has uploaded the counter video threatening to hack Activision and even disrupt its online servers. The video was uploaded by YouTube user ALEXIUS ANON, an account which was created only last week. In short it is clear that Anonymous is not happy with Activision’s marketing move which paints the group as terrorists. Call of Duty: Black Ops 2 Trailer Anonymous...
Reuters reports that Qualcomm on Tuesday granted 4G broadband spectrum by India, nearly after two years the US chipmaker company paid $1 billion in an auction. The country typically grants spectrum for a period of 20 years but in Qualcomm’s case, the country’s telecom ministry cuts the validity period by 18 months and asked to company to roll out services in 3.5 years. Qualcomm had won 4G spectrum for four of India’s 22 telecoms zones in 2010 auction. The company said in a statement it was not responsible for the delay in getting...
With earlier news suggesting that Apple’s new iPad will make its debut in Brazil, MacRumors reports that the new iPad is coming to 30 additional countries on May 11th and May 12th. This is the first time that the company has confirmed its release schedule in other countries. Further investigation led MacRumors to discover similar launch plans in other regions. According...
The digital world measuring company comScore has announced an interesting fact that the mobile Facebook users browse longer than those on PCs. Facebook ranked second with 78.0 million visitors (80.4 percent reach), followed by Yahoo Sites with 66.2 million visitors (68.2 percent reach) and Amazon Sites 44.0 million visitors (45.4 percent reach). The findings figured out that on Facebook, the top ranked mobile media property by engagement, 80 percent of time spent was represented by app usage compared to 20 percent via browser. Talking...
PayPal and SOFTBANK announced today that the two companies plan to establish a joint 50:50 venture company, “PayPal Japan”, to build a digital payments business in order to build the future of commerce in Japan. Both companies planning to invest equally in the joint venture the amount of JPY1 billion (about $12.5 million) each, with representing an aggregate investment amount of JPY2 billion ($25 million). PayPal and SOFTBANK will each be able to designate three directors of the joint venture for a total of six directors. Mr. Hiroaki...
With earlier rumors and eye on BlackBerry Curve 9320 in order to strengthen its position in international market, RIM today announced the new BlackBerry Curve 9320 smartphone featuring all the core BlackBerry messaging and social-centric features that keep people connected, and global 3G connectivity backed by long battery life. “The new BlackBerry Curve 9320 is...
